Magic of Compounding 🎩 🪄

The exact same wording, the same stock (NML), just a different name and platform 😂 X vs Linkedin

Lol 😂

Tried explaining to him back in March that if a bank’s sustainable ROE<Cost of Equity, it should trade below book value. At that time HBL was worth Rs410 with “strong upside potential. 3weeks later, the same stock became a “value trap.” Glad he finally understood the concept.

"Strong potential upside” at Rs279 in March. “Value trap” by April. “Fair-valued yield bank” in May. At this pace, by June HBL might become a tech stock. 🤡 Bro changes investment thesis more frequently than quarterly results.

Since National Bank of Pakistan is classified as an SOE, it requires cabinet approval for the distribution of dividends, and no cabinet meeting has been held since April 8.

Chal kya rha hai bhai?

Bhai ye wala nasha krna hai, someone shared a comparison of UBL and MEBL.

Net gain on disposal of equity investments does not flow through the P&L. Instead, it is transferred directly from revaluation surplus to unappropriated profit. In the March quarter, UBL booked ~PKR 4bn of such gains — now part of CET1.

Najam sb 😂😂😂

Bond market flashing a clear signal 💰 Banks are minting money (at least for now) 💡 This creates an arbitrage: • Govt borrowing cost→rising sharply • Banks funding (OMO)→~10.5% (unchanged) 📈 Today’s PIB auction: • 2Y↑ +216bps • 3Y↑ +225bps • 5Y↑ +175bps 1/3